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Nov 18, 2013
11/13
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steve liesman with the story. >> thanks. this poll conducted by public opinion strategists, which does the polling for cnbc the republican half of our polling team, did this poll on behalf of the international franchise association and the u.s. chamber of commerce. find a very negative impact right now on businesses and employment from the affordable care act. let's take a look at the graphics. 64% of franchise and 53% of nonfranchise are saying the aca is having an impact on their business. you might expect that but now let's take a look at what they're saying about specifically how. they say because of aca, 30% of franchise owners have replaced full with part time about 15% have seen reduced staff and more than 30% have reduced worker hours. this has potentially huge neck negative impact on employment. one other piece of data. asked if they would stay below 50 workers. 59 % of franchise owners and 52% of nonfranchise owners. there's a lot of debate about this. unclear whether or not it shows up in the official government d
steve liesman with the story. >> thanks. this poll conducted by public opinion strategists, which does the polling for cnbc the republican half of our polling team, did this poll on behalf of the international franchise association and the u.s. chamber of commerce. find a very negative impact right now on businesses and employment from the affordable care act. let's take a look at the graphics. 64% of franchise and 53% of nonfranchise are saying the aca is having an impact on their...
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Nov 4, 2013
11/13
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not necessarily founder steve cohen but as well as sentencing to follow several months later. it's after that s.a.c. needs to get serious about restructuring. they'll have to appoint an independent compliance monitor to oversee what they're calling the wind-down. what that means is they have to return third-party money to investors. a process that actually will be mostly completed at the end of the first quarter, from what i'm told, but could take ultimately one two two years, maria because they have liquid assets they need to sell. that process is currently being negotiate with the s.e.c. they have sfooif years to do it. probably won't take that long. >> so, nearly -- kate, thank you for the facts. we want to talk about this. nearly $2 billion to settle insider trading charges at s.a.c. we want to get the latest from sheila bair. u.s. attorney pete bharara said penalties are steep but fair. he made it clear this shut help serve as a deterrent. you agree? >> i absolutely agree. this is great. this isn't just the cost of doing business. a fine of this size hurts. it hurts where
not necessarily founder steve cohen but as well as sentencing to follow several months later. it's after that s.a.c. needs to get serious about restructuring. they'll have to appoint an independent compliance monitor to oversee what they're calling the wind-down. what that means is they have to return third-party money to investors. a process that actually will be mostly completed at the end of the first quarter, from what i'm told, but could take ultimately one two two years, maria because...
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Nov 19, 2013
11/13
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big talk, who will replace outgoing ceo steve ballmer. josh lipton live in bellevue, washington. >> reporter: it was an historic day at microsoft shareholder meeting. the last meeting with steve ballmer as ceo. ballmer's record at microsoft is mixed. revenue jumped but critics say he mixed big tech trends like mobile and social. stock is up sharply this year but down 25% under his watch. bill gates at the shareholder meeting today gave no guidance for when a new yi would be picked. he did seem to get choked up when talking about his friend, steve ballmer. >> we've got a commitment to make sure the next ceo is the right person for the right time for the company we both love. and we share a commitment that microsoft will succeed as a company that makes the world a better place. >> top picks to replace ballmer mentioned, ford ceo allen mulally and former nokia ceo elop, as well as kevin turner, coo and nadella of cloud and shared enterprise. microsoft made a point of emphasizing their cloud products. whoever replace ballmer and strategis, th
big talk, who will replace outgoing ceo steve ballmer. josh lipton live in bellevue, washington. >> reporter: it was an historic day at microsoft shareholder meeting. the last meeting with steve ballmer as ceo. ballmer's record at microsoft is mixed. revenue jumped but critics say he mixed big tech trends like mobile and social. stock is up sharply this year but down 25% under his watch. bill gates at the shareholder meeting today gave no guidance for when a new yi would be picked. he did...
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Nov 20, 2013
11/13
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steve liesman was there and, yes, this is confusing. i don't know what some of your guests think about this but it makes it hard to read exactly what a marketplace should do. >> nathan how do you allocate capital post the minutes here knowing they're looking at the next couple of months? >> well if it happened in the next cowluple of months and i'll give my original front two teeth back as well if they did that in the next couple of months we'll have a taper tantrum like we saw about five months ago. rates are going to spike. the fed's going to have to figure out how to have a new -- two new mandates, in my opinion. number one how to stop the tapering while still having an easy money policy. also convincing investors that interest rates aren't going to spike when they start the tapering. that's the challenge. when that happens, i think you'll lighten up in the united states and you start looking at the movie called europe which is a mini version of what we've been living for the last five years. i also think you have to continue to shor
steve liesman was there and, yes, this is confusing. i don't know what some of your guests think about this but it makes it hard to read exactly what a marketplace should do. >> nathan how do you allocate capital post the minutes here knowing they're looking at the next couple of months? >> well if it happened in the next cowluple of months and i'll give my original front two teeth back as well if they did that in the next couple of months we'll have a taper tantrum like we saw...
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Nov 14, 2013
11/13
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really appreciate your time tonight, steve. thanks very much. >> absolutely. thank you. >> we'll see you soon. steve parsley joining us there. >>> we have new evidence, meanwhile, that edward snowden is having a big impact on business. eamon javers has this story. >> call it the snowden effect. a lot of people are looking to see whether telecom companies are going to have trouble after the nsa sdisclosures of spying y the u.s. around the world. we saw cisco citing the nsa disclosures as one reason they're having trouble in emerging markets. reuters reporting that ibm is having trouble possibly in china as a result of these disclosures as well. i wanted to flag for you one more here. this was in a disclosure, little noticed at the time, from ebay in october. here's what they said. they saids there significant international pressure against the u.s. and the national security agency regarding the collection of data by the nsa from u.s. companies. further restrictions or regulation in the european union could result as a direct reaction to these events. i've talke
really appreciate your time tonight, steve. thanks very much. >> absolutely. thank you. >> we'll see you soon. steve parsley joining us there. >>> we have new evidence, meanwhile, that edward snowden is having a big impact on business. eamon javers has this story. >> call it the snowden effect. a lot of people are looking to see whether telecom companies are going to have trouble after the nsa sdisclosures of spying y the u.s. around the world. we saw cisco citing the...